Shareholders meeting

03rd July, 2026 To, To, The Manager, The Manager, Listing Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, P J Towers, ‘Exchange Plaza’ C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai – 400 001 Mumbai - 400 051 BSE Scrip Code: 543620 NSE Symbol: INA Subject: Summary of Proceedings of Postal Ballot through Remote E-voting Dear Sir/Madam, Pursuant to Regulation 30 read with Para A of Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time, we enclose herewith a summary of proceedings of Postal Ballot. This is for your information and record. Thanking You, For and on behalf of Insolation Energy Limited Nitesh Sharma Company Secretary & Compliance Officer ACS: 66702 Encl: As above SUMMARY OF PROCEEDINGS OF POSTAL BALLOT (THROUGH REMOTE E-VOTING) IN RESPECT OF RESOLUTIONS AS SET OUT IN THE NOTICE OF POSTAL BALLOT DATED 25TH MAY, 2026 PURSUANT TO SECTION 108 AND 110 OF THE COMPANIES ACT, 2013, OF INSOLATION ENERGY LIMITED (“THE COMPANY”), RESULTS OF WHICH DECLARED ON FRIDAY, 03RD JULY, 2026 AND DEEMED TO BE PASSED ON FRIDAY, 03RD JULY, 2026 BEING THE LAST DATE OF REMOTE E-VOTING ---------------------------------------------------------------------------------------------------------------------------------------------- The Board of Directors (“Board”) in their meeting held on Monday, 25th May, 2026, decided to seek consent of the members of the Company through Postal Ballot pursuant to Section 110 read with Section 108 and other applicable provisions, if any, of the Companies Act, 2013, (‘Act’) read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014, (‘Rules’), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’), Secretarial Standard on General Meetings issued by The Institute of Company Secretaries of India (‘SS-2’), each as amended, and in accordance with the requirements prescribed by the Ministry of Corporate Affairs (‘MCA’) for holding general meetings/ conducting postal ballot process through e-Voting vide General Circular Nos. 14/2020 dated April 8, 2020, 17/2020 dated April 13, 2020, 22/2020 dated June 15, 2020, 33/2020 dated September 28, 2020, 39/2020 dated December 31, 2020, 10/2021 dated June 23, 2021, 20/2021 dated December 8, 2021, 3/2022 dated May 5, 2022, 11/2022 dated December 28, 2022, 09/2023 dated September 25, 2023, 09/2024 dated September 19, 2024 and 03/2025 dated September 22, 2025 (collectively the ‘MCA Circulars’), and other applicable laws, rules and regulations (including any statutory modification or re-enactment thereof for the time being in force) for the resolution(s) as stated below: S. No. Type of Resolution Subject matter of the Resolution 1 Special Resolution To approve the continuation of Directorship of Mr. Anil Kumar Gupta (DIN: 03573328) as an Non-Executive Independent Director of the Company 2 Special Resolution To approve the amendment to the Insolation Energy Employee Stock Option Plan 2024 (“ESOP 2024”/ “Plan”) In accordance with MCA and SEBI Circulars, the Postal Ballot Notice along with explanatory statement and remote e-Voting instructions were duly sent through email on Wednesday, 03rd June, 2026 (‘date of completion of dispatch’), to those members whose e-mail addresses were registered with the Company/ Depository Participants (‘DP’)/ Depository/ Registrar & Share Transfer Agent (‘RTA’) of the Company as on Friday, 29th May, 2026 (‘cut-off date’) and was also placed on the website of the Company seeking approval as set out in the postal ballot notice. As per the aforementioned MCA Circulars, physical copies of the Notice, postal ballot forms and pre-paid Business Reply Envelopes were not sent to the Members for this Postal Ballot. An advertisement pursuant to Rule 22 of Companies (Management and Administration) Rules, 2014 informing the date of completion of dispatch of Postal Ballot Notice was published on Thursday, 04th June, 2026, in “Financial Express” (English Edition) and “Business Remedies” (Hindi Edition) Newspapers. The Company had engaged the services of National Securities Depository Limited (‘NSDL’) for the purpose of providing e-voting facility (through remote e-voting) and technical services relating to the Postal Ballot to all its members. The Board of Directors of your Company has appointed Mr. Akshit Kumar Jangid, Practicing Company Secretary (FCS 11285, CP No. 16300) partner of M/s. Pinchaa & Co., Company Secretaries, Jaipur as the Scrutinizer for conducting this Postal Ballot (through remote e-Voting process) in a fair and transparent manner. The remote e-voting commenced on Thursday, 04th June, 2026 (9:00 AM IST) and closed on Friday, 03rd July, 2026 (5:00 PM IST). Thereafter, Mr. Akshit Kumar Jangid Practicing Company Secretary, submitted his report and other related papers with requisite details of the voting by postal ballot through remote E- voting on the resolution(s) as set-out in the Notice of Postal Ballot. Accordingly, on the basis of the Scrutinizer’s Report dated 03rd July, 2026, the result of Postal Ballot (through remote E-voting process) was declared by the Company on Friday, 03rd July, 2026 at C-02, New Aatish Market Extension, Mansarovar, Jaipur, Rajasthan and the resolution as set out in the Notice of Postal Ballot dated 25th May, 2026 has deemed to have been passed on Friday, 03rd July, 2026, the last date of receipt of remote e-voting. The Chairman authorized the Company Secretary to disseminate the results, as required under Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and post the same on the website of the Company, brief details of which are provided hereunder: - Item No. 01: To approve the continuation of Directorship of Mr. Anil Kumar Gupta (DIN: 03573328) as an Non-Executive Independent Director of the Company Result of Postal Ballot by remote E-Voting as per Scrutinizer’s Report are as follows: - Manner of Voting Votes in favour of the resolution Votes against the resolution Invalid No. of shares Percentage of valid No. of Percentage of (No. of votes cast shares valid votes cast shares) Postal Ballot 147019422 99.9514 71539 0.0486 - through Remote e- voting process TOTAL 147019422 99.9514 71539 0.0486 - Based on the analysis of the valid votes, the Scrutinizer has reported that the Special Resolution as set out under Item No. 01 in the Notice of the Postal Ballot has been passed by the Members of the Company with requisite majority. Accordingly, the Resolution as reproduced hereunder has been passed as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Regulation 17(1A) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable provisions, if any, as amended from time to time and on the recommendation(s) of the Nomination and Remuneration Committee and the Board of Directors of the Company, the consent of the members of the company be and is hereby accorded for continuation of Directorship of Mr. Anil Kumar Gupta (DIN: 03573328), as an Non-Executive Independent Director of the company, who shall attain the age of 75 years on 10th July, 2026, till the expiry of his present term as an Non-Executive Independent Director on the existing terms and conditions. RESOLVED FURTHER THAT the Board of Directors of the Company and/or the Company Secretary of the Company be and are hereby severally authorized to do all such acts, deeds and things as may be necessary, proper or expedient to give effect to this resolution.” Item No. 02: To approve the amendment to the Insolation Energy Employee Stock Option Plan 2024 (“ESOP 2024”/ “Plan”) Result of Postal Ballot by remote E-Voting as per Scrutinizer’s Report are as follows: - Manner of [Showing first 8,000 characters — download PDF for full document]